AutoNation
245 hedge funds and large institutions have $2.92B invested in AutoNation in 2019 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 73 increasing their positions, 81 reducing their positions, and 36 closing their positions.
37% more call options, than puts
Call options by funds: $15.1M | Put options by funds: $11M
22% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 36
19% more capital invested
Capital invested by funds: $2.45B → $2.92B (+$470M)
3% more funds holding
Funds holding: 238 → 245 (+7)
1% less ownership
Funds ownership: 65.77% → 64.77% (-1%)
10% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 81
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$20.4M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$14.8M |
| 3 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$14.4M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$13.9M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$51.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$48.5M |
| 3 |
CCM
Check Capital Management
Costa Mesa,
California
|
-$32.5M |
| 4 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
-$15.5M |
| 5 |
JVBC
J.V. Bruni & Co
Colorado Springs,
Colorado
|
-$13.3M |
AN Hedge Fund Activity: Q3 2019 in Review
245 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q3 2019, worth a combined $2.92B — up 19% from $2.45B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new AN positions and 36 closed out — a net gain of 8 holders — while 73 added to existing stakes and 81 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $20.4M. The largest seller was RBS Partners, cutting an estimated $51.3M.
- 245 institutional investors held AutoNation (AN) as of Q3 2019, up from 238 in Q2 2019.
- Funds reported $2.92B of AutoNation stock for Q3 2019, up 19% quarter-over-quarter.
- 44 funds opened new AutoNation positions in Q3 2019 and 36 closed out, a net change of +8 holders.
- The largest AutoNation buyer in Q3 2019 was AJO LP, an estimated $20.4M added.
- The largest AutoNation seller in Q3 2019 was RBS Partners, an estimated $51.3M sold.
Based on aggregated 13F filings for Q3 2019.